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Asia

All articles tagged with #asia

Canada plots Asia-bound oil pipeline to curb US dependence
energy7 days ago

Canada plots Asia-bound oil pipeline to curb US dependence

Canada unveiled a plan for a more-than-1,000-km west‑coast oil pipeline from Alberta to British Columbia to export up to 1 million barrels per day to Asia, using the existing Trans Mountain corridor. Built by Trans Mountain Corp with Pembina Pipeline, the project aims for ground‑breaking by 2027 and could attract over C$200 billion in direct investment while expanding LNG terminals and upgrading the Vancouver port. Ottawa says the pipeline would diversify Canada’s energy exports away from the US, which currently buys the bulk of Canadian oil, but the plan faces environmental, Indigenous and regional political concerns, including an Alberta independence referendum in the works.

Canada eyes Asia energy via new west-coast pipeline
world8 days ago

Canada eyes Asia energy via new west-coast pipeline

Canada unveiled plans for a more-than-1,000-km oil pipeline from Alberta to British Columbia to export up to 1 million barrels per day to Asia, part of a broader strategy to reduce dependence on the US. The project would be built by Trans Mountain Corp with Pembina Pipeline, aiming to attract over C$200 billion in direct investments and expand LNG terminals and Vancouver’s port capacity. Led by Prime Minister Mark Carney, the plan signals a shift toward Asian energy markets, though it faces environmental and Indigenous concerns.

Thai monk procession tragedy: nine dead after 11-year-old driver crashes pickup
asia9 days ago

Thai monk procession tragedy: nine dead after 11-year-old driver crashes pickup

Nine Buddhist monks were killed and several others injured in Mukdahan province, Thailand, after an 11-year-old boy drove his parents’ pickup into a procession; the vehicle has been seized for forensic examination, the child is in guardianship and being cared for, preliminary information says he has special needs, and authorities urge road-safety awareness as hospitals treat the wounded.

world9 days ago

AI-chip rout drags Asia stocks as Korea’s chipmakers slump and Nikkei slides

Asia stocks fell as a renewed AI-chip selloff hit semiconductor names: South Korea’s KOSPI dropped about 5% with Samsung Electronics and SK Hynix sinking sharply, while Japan’s Nikkei 225 fell around 1.6% as AI sentiment cooled. The broader AI supply chain also weakened after Micron and SanDisk slid overnight, with investors cautious ahead of upcoming U.S. data and policy cues.

Africa's World Cup surge reshapes the tournament as Asia lags
world11 days ago

Africa's World Cup surge reshapes the tournament as Asia lags

Africa delivered a dramatic World Cup 2026 turnaround, with nine of ten teams reaching the group stage aided by long-term investment in youth, coaching and European-based talent, and Morocco highlighted as a blueprint for success. Asia, by contrast, had only two teams advance, underscoring a widening development gap despite the expanded format. The piece emphasizes grassroots development and professional leagues in Africa as key drivers, while Asia must accelerate investment to compete at the highest level.

Europe’s heat wave fuels a cooling boom for Asian AC makers
world14 days ago

Europe’s heat wave fuels a cooling boom for Asian AC makers

Europe’s record heat is driving a surge in air-conditioner demand from Asian manufacturers such as Samsung Electronics, Midea and Mitsubishi Electric, with Italy, Spain and France posting double‑digit sales gains in the first half of 2026. Korean and Chinese brands report full-capacity production to meet the summer rush, while Midea notes PortaSplit orders and even elevated second-hand prices in some channels. European installation costs can exceed about $1,100, helping limit uptake, and total air-conditioning ownership in Europe remains around 20% per the IEA, signaling that demand could grow further as heat persists.

AI Glasses Fuel Cheating Wave in Asia's Exam-Driven Societies
technology14 days ago

AI Glasses Fuel Cheating Wave in Asia's Exam-Driven Societies

AI-enabled smart glasses are being used to cheat on high-stakes exams in East Asia, with incidents in South Korea and Taiwan triggering probes as authorities screen devices; researchers say the wearables can transmit questions to AI models and display answers, highlighting concerns about exam integrity and privacy while experts urge rethinking assessment and teaching to emphasize thinking and metacognition rather than simply banning AI.

Twin roadside blasts in Pakistan's northwest kill seven as police hunt attackers
world20 days ago

Twin roadside blasts in Pakistan's northwest kill seven as police hunt attackers

Two roadside bombs exploded in Bannu district, Khyber Pakhtunkhwa, northwest Pakistan, killing seven and injuring three; the first blast struck a vehicle and the second hit as rescuers arrived. There was no immediate claim of responsibility, and authorities launched a manhunt for the perpetrators. President Asif Ali Zardari condemned the attack and warned against safe havens and support for terrorism.

Border air strikes kill 13 in Afghanistan, including 11 children, Taliban says
world29 days ago

Border air strikes kill 13 in Afghanistan, including 11 children, Taliban says

Pakistani air strikes along the Pakistan–Afghanistan border hit three Afghan provinces—Kunar, Khost and Paktika—killing at least 13 people, including 11 children, and injuring 14 others, according to the Afghan Taliban; Pakistan said the strikes targeted militant camps and destroyed a training center, hideout and an ammo cache, while Kabul accused Islamabad of harbouring militants and vowed retaliation as cross-border tensions persist with China mediating.

Bear captured in Japan after days-long urban hunt
asia-pacific1 month ago

Bear captured in Japan after days-long urban hunt

A wild black bear weighing about 100 kg was captured in Utsunomiya, Tochigi Prefecture, after a dramatic multi-day urban search that led to the closure of 94 municipal schools and a call for residents to stay indoors; authorities feared a second bear roaming the city, and the captured bear was tranquilized, placed in a cage and transported away as officials decide its next steps.

economy1 month ago

Tech rout eases as Iran-Israel tensions subside, markets wobble globally

Global stocks were mixed as a tech-led selloff cooled in Asia while Iran signaled an end to attacks on Israel, easing risk sentiment and helping Europe and U.S. futures after Friday’s rout. Brent crude rebounded to around a 1.5% gain after earlier spikes, even as Asia’s markets fell sharply (KOSPI -8.3%, Nikkei ~-4%). In the U.S., Treasuries ticked higher in yield as a strong jobs report kept Fed-hike expectations intact, with SpaceX’s upcoming IPO and U.S. inflation data on the horizon. Bitcoin had fallen about 16% last week but was modestly firmer to start the week. Overall, tech weakness sparked the retreat, but easing Middle East tensions kept a cautious market tone.